Letting agencies in Aberdeen - the energy capital of Europe
Mar 31 2010 By Mary Barabe
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At the core of oil production for decades, Aberdeen has now been dubbed the energy capital of Europe as it branches out into renewable energy production, attracting new and varied jobs to the region.
Aberdeen has been dubbed the oil capital of Europe for many years due to the city's prominent role in the extraction of oil from the North Sea oil beds. Today, with research into renewable energy sources going on in the region, Aberdeen is gaining a reputation as the energy capital of Europe.
With the wider energy industry as well as the existing oil sector choosing Aberdeen as the bases for operations, many people are attracted to the city for work and are making this exciting place their home. As such, letting agencies in Aberdeen are experiencing strong demand for property.
The oil industry began to experience massive growth in the region when large-scale oil deposits were found in the North Sea. This discovery, in the middle of the 20th century, quickly led to Aberdeen being set up as the centre of Europe's petroleum supply sector.
Aberdeen boasts the world's largest heliport as well as significant harbour facilities which support the extraction of oil from North Sea oil reserves. It is estimated that the number of jobs supported by the energy industry in Aberdeen is in the region of 500,000.
Today, as the energy industry branches out into Wind and wave power, Aberdeen is again at the forefront of the development in technology. The local population could swell as job opportunities grow due to increased adoption of other energy sources. With this, letting agencies in Aberdeen are expected to see arise in demand.
There are still many years left of oil reserves in the area, although it has been estimated that the peak of oil production form the North Sea has passed. As such, the city of Aberdeen is expected to reinvent itself in the coming years to attract investment to other industries.
With Scotland taking a prominent role in the development of renewable energy, there has been talk that this movement towards sustainable resources is particularly noticeable in Aberdeen where the abundance of wind and wave power is ideal for the area to become the future centre of renewable energy.
Should drilling cease, the area is expected to have a strong foundation in modern energy production that ensures the area won't see a loos of income or mass exodus. Over the years, the city has reinvented itself - first from a regional port with a strong tradition in fishing then to a world centre for oil exploration and now to a pioneer into new renewable energy sources.
Aberdeen is an attractive place to live. The area has a combined population of approximately 440,000 combined with a very low unemployment rate. With a lot going on in the region, many letting agents in Aberdeen report that the population remains stable.
There is also a well-established communication network to support inward investment, strategic international business alliances and the sharing of knowledge to further the development of business in the area. This combines to create a city that is rife with opportunities.
Aberdeen is at the forefront of energy development, including renewable energy initiatives. With the city expanding in this exciting new direction, letting agencies in Aberdeen are expected to experience an increase in demand. Learn more about the role that energy production plays in Aberdeen.
